U.S. Senator Cynthia Lummis has expressed significant concerns regarding the Biden administration's approach to regulating Bitcoin and decentralized finance. Lummis criticized the Department of Justice (DOJ) for what she perceives as criminalizing core aspects of the Bitcoin network, particularly non-custodial software that allows individuals to hold their own keys and run their own nodes. She emphasized her commitment to fighting for the rights of individuals to manage their own cryptocurrency assets, stating that the DOJ's 'hyper-aggressive' stance conflicts with existing Treasury guidance and undermines the rule of law.
JUST IN: 🇺🇸 Senator Lummis challenges DOJ on #Bitcoin Wallets for self-custody. "I am deeply concerned by the Biden administration criminalizing core tenants of the Bitcoin network." FULL STATEMENT👇 https://t.co/RRiDieVAhQ
Senator Cynthia Lummis expresses her concerns about the current government's crackdown on crypto https://t.co/9YKqKnQDm6
U.S. Senator Cynthia Lummis argued that the Department of Justice's position on crypto self-custody conflicts with existing Treasury guidance and breaches the rule of law https://t.co/g0T4GsB8Ds
'Bitcoin Senator' Cynthia Lummis Blasts DOJ Stance on Private Crypto Wallets ► https://t.co/UgwS2CgcGl https://t.co/UgwS2CgcGl
Senators with vision: US Senator Cynthia Lummis @SenLummis says she is concerned by the Biden administration's attack on Bitcoin and decentralized finance. "I will do everything I can to fight for your rights to hold your own keys and run your own node." Please contribute and… https://t.co/xQF8irutuc
🚨JUST IN: SENATOR CYNTHIA LUMMIS IS "DEEPLY TROUBLED" BY DOJ'S "HYPER-AGGRESSIVE" APPROACH TO CRYPTO
JUST IN: 🇺🇸 US Senator Cynthia Lummis says she is concerned by the Biden administration's attack on #Bitcoin and decentralized finance. "I will do everything I can to fight for your rights to hold your own keys and run your own node." https://t.co/NjulmlHyJF
JUST IN: 🇺🇸 Senator Cynthia Lummis says she is “deeply concerned by the Biden administration criminalizing core tenants of the Bitcoin network and decentralized finance.” 👀 https://t.co/Skp0BaN3kr
JUST IN: 🇺🇸 US Senator Cynthia Lummis says she's deeply concerned by the DOJ going after #Bitcoin non-custodial software. "I will do everything I can to fight for your rights to hold your own keys and run your own node." 👏 https://t.co/NExvzOUH0N
I am deeply concerned by the Biden administration criminalizing core tenants of the Bitcoin network and decentralized finance. My full statement. ⬇️ https://t.co/M3CHcNTi3x